ETF Inflows Stay Ahead Of Last Year's Pace
Investors added $9.3 billion to U.S.-listed ETFs during the week ending Thursday, Dec. 12.
Inflows for U.S.-listed ETFs stayed ahead of last year's pace after investors plowed another $9.3 billion into the space this week. A fresh record high in the U.S. stock market certainly helped. The S&P 500 extended its year-to-date gains to nearly 28% after the U.S. and China struck a "phase one" trade deal.
Unsurprisingly, U.S. equity ETFs took in the bulk of this week's inflows. A little over $6.1 billion flowed into the segment, with $1.8 billion each heading into the SPDR S&P 500 ETF Trust (SPY) and the Invesco QQQ Trust (QQQ).
Meanwhile, U.S. fixed income ETFs remained in demand, even though interest rates ticked up slightly (bond prices and rates move inversely). That segment took in $2.6 billion, led by the $600 million of inflows for the iShares Core U.S. Aggregate Bond ETF (AGG).
Year-to-date net inflows for all ETFs now stand at $290 billion, compared to $278 billion at this same time last year.
For a full list of this week's top inflows and outflows, see the tables below:
Top 10 Creations (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
SPY | SPDR S&P 500 ETF Trust | 1,790.78 | 293,728.65 | 0.61% |
QQQ | Invesco QQQ Trust | 1,747.34 | 83,814.60 | 2.08% |
IVV | iShares Core S&P 500 ETF | 947.28 | 198,330.73 | 0.48% |
IWM | iShares Russell 2000 ETF | 790.22 | 47,357.60 | 1.67% |
AGG | iShares Core U.S. Aggregate Bond ETF | 596.45 | 67,950.55 | 0.88% |
XLE | Energy Select Sector SPDR Fund | 424.84 | 10,762.77 | 3.95% |
BKLN | Invesco Senior Loan ETF | 387.09 | 5,659.88 | 6.84% |
BND | Vanguard Total Bond Market ETF | 386.21 | 47,983.99 | 0.80% |
XLF | Financial Select Sector SPDR Fund | 326.02 | 26,684.97 | 1.22% |
EFA | iShares MSCI EAFE ETF | 285.42 | 62,422.11 | 0.46% |
Top 10 Redemptions (All ETFs)
Ticker | Name | Net Flows ($,mm) | AUM ($, mm) | AUM % Change |
VOO | Vanguard S&P 500 ETF | -1,142.84 | 126,991.97 | -0.90% |
LQD | iShares iBoxx USD Investment Grade Corporate Bond ETF | -638.81 | 34,471.25 | -1.85% |
XLY | Consumer Discretionary Select Sector SPDR Fund | -441.26 | 14,116.18 | -3.13% |
EWJ | iShares MSCI Japan ETF | -352.73 | 14,225.95 | -2.48% |
IJH | iShares Core S&P Mid-Cap ETF | -343.96 | 52,208.53 | -0.66% |
EWQ | iShares MSCI France ETF | -315.12 | 816.72 | -38.58% |
GDXJ | VanEck Vectors Junior Gold Miners ETF | -275.02 | 4,741.57 | -5.80% |
HYG | iShares iBoxx USD High Yield Corporate Bond ETF | -260.07 | 18,878.49 | -1.38% |
IJR | iShares Core S&P Small-Cap ETF | -239.56 | 47,346.66 | -0.51% |
KRE | SPDR S&P Regional Banking ETF | -238.98 | 1,866.57 | -12.80% |
ETF Weekly Flows By Asset Class
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 6,144.38 | 2,467,211.98 | 0.25% |
International Equity | 701.48 | 863,653.53 | 0.08% |
U.S. Fixed Income | 2,594.44 | 752,276.36 | 0.34% |
International Fixed Income | 318.94 | 88,408.26 | 0.36% |
Commodities ETFs | -161.36 | 78,235.85 | -0.21% |
Currency | -20.21 | 1,367.96 | -1.48% |
Leveraged | -9.11 | 37,761.99 | -0.02% |
Inverse | -51.66 | 12,131.00 | -0.43% |
Asset Allocation | -147.52 | 10,498.87 | -1.41% |
Alternatives | -113.51 | 4,622.02 | -2.46% |
Total: | 9,255.87 | 4,316,167.81 | 0.21% |
Asset Classes (Year-to-Date)
Net Flows ($, mm) | AUM ($, mm) | % of AUM | |
U.S. Equity | 118,849.13 | 2,467,211.98 | 4.82% |
International Equity | 18,946.99 | 863,653.53 | 2.19% |
U.S. Fixed Income | 125,926.27 | 752,276.36 | 16.74% |
International Fixed Income | 18,673.45 | 88,408.26 | 21.12% |
Commodities ETFs | 7,605.16 | 78,235.85 | 9.72% |
Currency | -428.09 | 1,367.96 | -31.29% |
Leveraged | -7,182.36 | 37,761.99 | -19.02% |
Inverse | 5,638.60 | 12,131.00 | 46.48% |
Asset Allocation | 429.81 | 10,498.87 | 4.09% |
Alternatives | 1,074.07 | 4,622.02 | 23.24% |
Total: | 289,533.04 | 4,316,167.81 | 6.71% |
Top 10 Volume Surprises, Funds >$50 mm AUM
Ticker | Name | Average Volume (30 Day) | 1 Week Average Volume | % of Average |
JPMF | JPMorgan Managed Futures Strategy ETF | 41,705 | 231,340 | 554.71% |
GSEW | Goldman Sachs Equal Weight U.S. Large Cap Equity ETF | 23,351 | 76,808 | 328.93% |
PJAN | Innovator S&P 500 Power Buffer ETF - January | 6,123 | 20,381 | 332.85% |
COPX | Global X Copper Miners ETF | 81,024 | 231,205 | 285.35% |
HAP | VanEck Vectors Natural Resources ETF | 10,203 | 30,145 | 295.44% |
FNGS | MicroSectors FANG+ ETN | 681 | 1,513 | 222.01% |
CGW | Invesco S&P Global Water Index ETF | 67,364 | 141,980 | 210.76% |
PHO | Invesco Water Resources ETF | 78,191 | 187,908 | 240.32% |
CFA | VictoryShares US 500 Volatility Wtd ETF | 62,077 | 236,062 | 380.27% |
USVM | VictoryShares USAA MSCI USA Small Cap Value Momentum ETF | 10,974 | 25,195 | 229.59% |
Top 10 Weekly Performers, Excluding Leverage/Inverse Funds and <1,000 Shares Traded
Ticker | Name | Weekly Performance | Weekly Volume | AUM ($, mm) |
JO | iPath Series B Bloomberg Coffee Subindex Total Return ETN | 9.04% | 332,918 | 69.11 |
BBC | Virtus LifeSci Biotech Clinical Trials ETF | 7.26% | 180,560 | 32.15 |
MLPG | ETRACS Alerian Natural Gas MLP ETN | 7.23% | 5,759 | 4.40 |
AMZA | InfraCap MLP ETF | 6.17% | 2,826,385 | 301.05 |
FUE | Elements MLCX Biofuels Index-Total Return ETN | 6.09% | 1,217 | 301.05 |
MLPY | Morgan Stanley Cushing MLP High Income Index ETN | 5.55% | 6,262 | 301.05 |
AMLP | Alerian MLP ETF | 5.55% | 152,536,451 | 7,699.49 |
LD | iPath Bloomberg Lead Subindex Total Return ETN | 5.40% | 43,060 | 0.52 |
MLPI | ETRACS Alerian MLP Infrastructure Index ETN | 5.29% | 8,920,542 | 808.80 |
PLTM | GraniteShares Platinum Trust | 5.07% | 53,528 | 7.34 |
Top 10 YTD Performers
Ticker | Name | YTD Performance | Weekly Performance | AUM ($, mm) |
SMH | VanEck Vectors Semiconductor ETF | 60.86% | 1.86% | 1,455.86 |
TAN | Invesco Solar ETF | 59.41% | 0.80% | 409.31 |
XSD | SPDR S&P Semiconductor ETF | 59.06% | 1.80% | 433.09 |
SOXX | iShares PHLX Semiconductor ETF | 58.31% | 2.01% | 2,273.44 |
FTXL | First Trust Nasdaq Semiconductor ETF | 56.85% | 2.64% | 41.25 |
BBC | Virtus LifeSci Biotech Clinical Trials ETF | 56.78% | 7.26% | 32.15 |
PALL | Aberdeen Standard Physical Palladium Shares ETF | 53.95% | 1.82% | 301.69 |
INR | Market Vectors-Indian Rupee/USD ETN | 51.99% | -9.97% | 0.49 |
SBIO | ALPS Medical Breakthroughs ETF | 51.85% | 1.81% | 216.82 |
PBW | Invesco WilderHill Clean Energy ETF | 51.03% | 0.35% | 194.57 |
Disclaimer: All data as of 6 a.m. Eastern time the date the article is published. Data is believed to be accurate; however, transient market data is often subject to subsequent revision and correction by the exchanges.